Britain Imposes Sanctions on Iranian Network Over Destabilizing Activities
Britain froze assets and banned UK dealings with an Iranian oil magnate and companies linked to Tehran's global destabilization, part of coordinated Western sanctions since July.
- On Thursday, the UK government targeted Mohammad Hossein Shamkhani, a prominent Iranian oil businessman, along with four companies based in London, aiming to hinder Tehran's international operations.
- The sanctions followed warnings by British lawmakers last month about Iran's growing, multifaceted threat and its reliance on networks to fund destabilizing operations abroad.
- The measures include asset freezes and a travel ban targeting Shamkhani and companies in shipping, petrochemical, and financial sectors linked to supporting Iran's operations in Ukraine and Israel.
- The Foreign Office stated the sanctions aim to disrupt Iran’s revenue streams enabling proxy support and state threats inside the UK, while Iran called the claims "unfounded, politically motivated and hostile allegations."
- These coordinated sanctions mark Britain’s effort to counter Iran’s expanding influence despite Iran denying nuclear weapons ambitions and ongoing UN atomic cooperation at some level.
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UK sanctions Iranian oil magnate and four companies
LONDON - Britain sanctioned an Iranian oil magnate and four companies on Thursday, saying they are part of a network that supports Tehran's overseas activities, including \"destabilisation\" in Ukraine and Israel. Read more at straitstimes.com.
Britain Imposes Sanctions on Iranian Network Over Destabilizing Activities
Britain sanctioned an Iranian oil magnate, Mohammad Hossein Shamkhani, and four companies for their role in supporting Tehran's destabilizing overseas activities, including those in Ukraine and Israel. The sanctions involve an asset freeze and travel ban, intended to curb Iran's influence through trading networks and connected organizations.


UK targets Iranian oil magnate, four companies with asset freeze
The sanctions include an asset freeze on Iranian oil magnate Hossein Shamkhani, and on four companies operating in the shipping, petrochemical and financial sectors, according to a government notice published online.
UK Targets Iranian Oil Magnate, Four Companies with Asset Freeze
Britain imposed sanctions on one individual and four entities on Thursday under its Iran sanctions regime, saying they are part of a network that supports Tehran's overseas activities, including "destabilization" in Ukraine and Israel. The sanctions include an asset freeze on Iranian oil magnate Mohammad Hossein Shamkhani, and on four companies operating in the shipping, petrochemical and financial sectors, the foreign office said in a statement
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